The Army And Navy Club
- Assets
- $12.6m
- Revenue
- $10.0m
- Investments
- $4.6m
- Employees
- 112
- Location
- Washington, DC
- Founding
- 11/1941
- Data as of
- 12/2022
- EIN
- 53-0028710
Organization Overview
The Army And Navy Club is located in Washington, DC. The organization was established in 1941. According to its NTEE Classification (N60) the organization is classified as: Amateur Sports, under the broad grouping of Recreation & Sports and related organizations. As of 12/2022, Army And Navy Club employed 112 individuals. This organization is the central organization for a national or regional group of organizations. Army And Navy Club is a 501(c)(7) and as such, is described as a "Social and Recreational Club" by the IRS.
For the year ending 12/2022, Army And Navy Club generated $10.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $10.2m during the year ending 12/2022. While expenses have increased by 2.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
FOSTER PROFESSIONAL DEVELOPMENT, EDUCATION, WELL-BEING & CAMARADERIE OF ITS MEMBERS/FAMILIES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TAX EXEMPT CLUB ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Col Marc L Warren President | OfficerTrustee | 1 | $0 |
Capt James H Czerwonky Vice President | OfficerTrustee | 1 | $0 |
Radm Moira N Flanders Secretary | OfficerTrustee | 1 | $0 |
Bg Malinda Ellen Dunn Treasurer | OfficerTrustee | 1 | $0 |
Lt Col John H La Raia Governor | Trustee | 1 | $0 |
Ltg Larry R Jordan Governor | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,789,566 |
| Investment income | $92,202 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$20,469 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,168,372 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,029,671 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $272,601 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,481,178 |
| Pension plan accruals and contributions | $153,982 |
| Other employee benefits | $772,162 |
| Payroll taxes | $420,354 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $23,881 |
| Fees for services: Accounting | $35,660 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $11,510 |
| Fees for services: Other | $206,119 |
| Advertising and promotion | $38,120 |
| Office expenses | $622,856 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $578,441 |
| Travel | $2,979 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $49,361 |
| Interest | $3,634 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $482,670 |
| Insurance | $130,301 |
| All other expenses | $338,127 |
| Total functional expenses | $10,158,721 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,369,204 |
| Savings and temporary cash investments | $190,731 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,137,805 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $414,305 |
| Inventories for sale or use | $183,459 |
| Prepaid expenses and deferred charges | $246,180 |
| Net Land, buildings, and equipment | $3,403,099 |
| Investments—publicly traded securities | $500,483 |
| Investments—other securities | $4,576,275 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $622,358 |
| Total assets | $12,643,899 |
| Accounts payable and accrued expenses | $754,886 |
| Grants payable | $0 |
| Deferred revenue | $482,245 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $889,052 |
| Total liabilities | $2,126,183 |
| Net assets without donor restrictions | $10,517,716 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,643,899 |